As we predicted in our previous analysis, the “Aussie” soared to a fresh three-year high of 0.7879 last Friday, holding on to gains as the week ended. For this week, we expect a small price pullback towards the trendline and the support area that would act as a trigger for the next bullish impulse that we expect to unfold. Trade with care.
Best regards, Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.